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Solana sets new all-time high as Google search increases

Updated: Aug 31, 2024
Published: Sep 9, 2021
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The cryptocurrency market suffered a dip earlier this week, but Solana was unaffected and went on to reach a new all-time high.

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Solana surpasses the $200 mark

Solana has been one of the best-performing cryptocurrencies in the world in recent months. The coin was rallying while the broader cryptocurrency market embarked on a bearish run. Solana reached a new-time high a few hours ago, surpassing the $200 mark for the first time in its history.

This latest development comes as Bitcoin dropped below the $50k and traded around the $45k region yesterday. Ether also lost its support above $3,800 and dipped towards the $3,300 level during the market correction.

[caption id="attachment_149779" align="alignnone" width="1280"]wp-image-149779 size-full SOL/USD chart. Source: TradingView[/caption]

However, Solana’s value soared higher, with the cryptocurrency’s price now up by more than 70% in the last seven days. SOL is also up by 24% in the past 24 hours, making it one of the best-performing coins in the market.

Thanks to its latest rally, Solana is now the sixth-largest cryptocurrency by market cap. Solana surpassed Dogecoin, XRP and Polkadot to take the sixth position. SOL is currently trading at $201 per coin and has a market cap above $60 billion.

Solana’s Google search reaches an all-time high

Solana’s price rally was accompanied by a spike in the cryptocurrency’s Google search. According to Google Trends, search query related to Solana is at an all-time high after reaching a score of 100.

Google Trends indicates that people are searching for terms such as “how to buy Solana” and more.

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